Construction Project Accountant

Responsibilities:

Project Accountant is the primary support for construction projects from start up through final closeout. Serves as the liaison between the job site and the finance department, ensuring all accounting standard operating procedures are followed at the job site. Performs activities related to contracts, insurance, payables, liens, billings and cost budget reports for the job site management team.

• Manage Accounts Receivable and Payable on multiple projects.
• Setup new projects in ProCore (using & creating templates when needed)
• Enter required project information into ProCore, verify all information is accurate and reconciles to contract and other supporting documents.
• Create and maintain project directory of vendors and subcontractors selected to work on projects.
• Write and issue detailed commitments for all scopes of work on project.
• Solicit and track receipt of all required paperwork from subcontractors including insurance, signed commitments, master subcontractor agreements and lien releases.
• Draft change orders and monthly draw requests for review and approval by Project Manager.
• Code invoices from vendors for approval.
• Invoice projects per contract terms on a monthly basis coordinating as necessary with PMs
• Review and monitor projects to determine both opportunities and risks related to cash flow.
• Effectively communicate with Project Managers (PM) and Clients regarding contract documents, change orders and other contract modifications and approvals.
• Manage consultant invoices and release as appropriate for payment
• Coordinate with office leadership to update monthly cash flow
• Create policies for project contract documents, change orders and other contract modifications, approvals, and any additional services
• Report monthly billing and contract status for office
• Provide both automatic and ad hoc ProCore project reports as requested by PMs and others
• Prepare special project analyses and provide finance support as requested by PICs, PMs and others
• Recommend and implement agreed process improvements to finance processes

Qualifications:

• Requires comprehensive Excel skills
• 2-3 years of billing and receivables, experience in construction industry a huge plus
• High level of proficiency in ProCore desired, other ERP system experience considered
• Possess understanding of standard contract terms and structure, including hourly, lump sum, not-to-exceed as they related to the billing process
• Team player with a sense of urgency to deadlines and the ability to manage multiple priorities
• Excellent interpersonal and communication skills
• Ability to work independently, take initiative, set priorities and see projects through to completion
• Employ critical thinking skills and analysis
• Strong analytical and organizational skills
• Commitment to deliver exceptional service